“Liberal arts in the workplace” by Maria L. Balmaceda (November 9, 2009)

Specialists and technocrats will continue to dominate companies, and there is no question that continuous learning is necessary for one to remain relevant in his or her job. This is why many companies invest so much in training.

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The onus of campaign spending by Wilfredo. U. Villanueva (November 2, 2009)

(Will the elections be a boon or bane for the BIR?)
The Bureau of Internal Revenue (BIR) has spotted a potential gold mine in the forth-coming 2010 elections.
With the campaign season just around the corner, the BIR has jumped the gun on the substantial expenditures expected of political aspirants and their supporters, by requiring that tax be withheld on campaign-related payments.

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“A call for caution in applying judicial precedent” by Rex S. Austria (October 26, 2009)

The Philippine tax system might appear Greek to many and tax professionals can help C-Suite members navigate through its complexity.

A few weeks ago, Suits the C-Suite discussed the issue of tax amnesty as an opportunity for erring taxpayers to mend their ways.

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“Recouping casualty losses” by Wilfredo U. Villanueva (October 19, 2009)

Both the government and the business sectors have released preliminary reports on damage running into billions of pesos, and the cost to us of the two typhoons may even exceed that recorded in the aftermath of the cataclysmic 1990 earthquake and the 1991 Mt. Pinatubo eruption.

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“How assuring is your insurance?” by Michael C. Sabado (October 12, 2009)

While Acts of God are insurable, most put their faith in a basic comprehensive coverage
Because of the Philippines’ geographical location, we are probably forever exposed to the terrible effects of natural calamities like typhoons and earthquakes. Ironically, the Philippines is also one of the countries which can be considered as severely under-insured in both life and health insurance and non-life or general insurance.

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“Havens can wait” by Jules E. Riego (October 5, 2009)

Early this year, much to the consternation of everyone, the Philippines was branded as an “uncooperative tax haven” and was placed on the “blacklist” of the Organization for Economic Cooperation and Development (OECD), along with Costa Rica, Malaysia, and Uruguay.

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“Fraud in times of crisis” by Roderick M. Vega (September 28, 2009)

FRAUD OCCURS during good times and bad times, but more so during times of crisis.

In these interesting times, with the world in financial turmoil, many com-panies are busy fighting fires on several fronts.

Senior manage-ment has to deal with decreasing revenues, disappearing or falling market demand, precarious cash position, demanding credit-ors, and many other unpleasant conse-quences brought about by the global financial crisis.

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